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An update from Commerzbank ( (DE:CBK) ) is now available.
Commerzbank has announced a share buyback program of up to €400 million following a successful fiscal year 2024, where it achieved a preliminary net result of €2.68 billion. The bank plans to distribute 71% of its net profit after regulatory deductions and proposes a dividend of €0.65 per share, maintaining a strong CET1 ratio of 15.1%, reflecting its robust financial health and commitment to returning value to shareholders.
More about Commerzbank
Commerzbank AG operates in the financial services industry, providing a range of banking products and services with a focus on net interest and commission income.
YTD Price Performance: 17.45%
Average Trading Volume: 2,028,242
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €21.76B
For an in-depth examination of CBK stock, go to TipRanks’ Stock Analysis page.